B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $371200 with a 8-year life and no salvage value. It will be depreciated on a straight line basis. The company expects to sell 148,480 units of the equipment's product each year. The expected annual income related to this equipment follows $ 232,000 Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (20%) Net income 81,000 46,400 23,200 150, 600 $ 65,120 If at least an 10% return on this investment must be earned, compute the net present value of this investment (PV of $1. FV of $1. PVA of $1. and FVA of $ (Use appropriate factor(s) from the tables provided.)